Nissan Motor stated it had booked about $84 million in charges associated to under-reported compensation for former chairman Carlos Ghosn, and cut its yearly profit outlook on weaker worldwide sales.
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Prosecutors in Stuttgart, Germany, are looking into a possible fine for auto supplier Robert Bosch for dealing Volkswagen with engine management software that the automaker used to cheat vehicle emissions
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Renault has discovered evidence that it paid part of ex-CEO Carlos Ghosn’s wedding costs and is planning to turn the investigation over to prosecutors, two weeks after the automaker’s eliminated
Ford Motor stated on Thursday it is investing over $1 billion in its Chicago operations and adding 500 jobs as it plans to launch three new SUVs this year and
France’s finance ministry reject a report from Japanese news outlet Nikkei that the French government had told Tokyo it was open to consider reducing Renault’s stake in Nissan Motor. Contact
French automaker Renault must show “total transparency” as it investigates its business practices, including a sponsorship deal stuck with the Chateau de Versailles, finance minister Bruno Le Maire stated on
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